Home ›› Economy

Bangkok sees opportunities on further co-op with Dhaka

BSS . Dhaka
06 Dec 2023 18:15:15 | Update: 06 Dec 2023 18:15:15
Bangkok sees opportunities on further co-op with Dhaka
— BSS Photo

Thai Ambassador to Bangladesh Makawadee Sumitmor has said Bangkok sees many opportunities to engage more with Dhaka in different cooperation endeavours both on bilateral and multilateral fronts.

"I see a lot of opportunities ahead for further cooperation, bilaterally and multilaterally," she said while speaking at a reception on Tuesday night at the embassy in Dhaka marking the National Day of the Kingdom of Thailand.

The ambassador expressed optimism about forging Thailand's partnership in several more infrastructure and connectivity initiatives as the two countries see momentum in their growing relations.

She mentioned the operation of direct coastal shipping between Chattogram and Ranong seaports that will save time, reduce logistics costs, link the Bay of Bengal with the Andaman coast and eventually enhance economic competitiveness of both sides.

She expressed optimism that trade and investment between the two countries will be bolstered to new heights.

Among the goals are to start the negotiation process of the free trade agreement (FTA) and to increase the current trade volume of 1.2 billion to 2 billion US dollars in the near future, said the Thai envoy.

Agriculture Minister Muhammad Abdur Razzaque, who joined the celebration as the chief guest, highlighted the growing cooperation between the two countries.

Every December 5, all Thais commemorate the legacy of the Late King, who dedicated 70 years of his reign to improving the livelihood of the Thai people.
In March, the Permanent Secretary of Foreign Affairs of Thailand visited Bangladesh to attend the 3rd bilateral consultations.

"One of the tangible outcomes was the exchange of diplomatic notes on Air Service Agreement that helped increase the frequency and capacity of commercial flights. As of now, we have more than 30 direct flights a week between Dhaka and Bangkok to serve Bangladeshis who rank the 2nd largest group of tourists from South Asia to Thailand," said Sumitmor.

The Thai private sector has ventured in Bangladesh since the 1990's mainly in agro-business and infrastructure development.

"Thailand is proud that a Thai company took part in the completion of the Dhaka Metro Rail and the Dhaka Elevated Expressway inaugurated in December 2022 and September 2023 respectively," she said.

She commended Bangladesh for its efforts in providing humanitarian assistance to Rohingyas and said Thailand will continue to render support to Bangladesh and the international community to ensure a safe, voluntary and dignified repatriation of the displaced people. 

Politicians, business leaders, Dhaka-based diplomats and editors were present.